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Dec 23, 2012
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he proposed a vote on the plan to allow taxes to go up on millionaires, but republicans had to pull it off the table after admitting they can't get it passed. foorn illustration check the latest poll, and that's what we have political editor paul stein hauser doing? >> americans are worried about the tax increases and spending cuts that will kick in at the end of the year. 7-10 questioned in our cnn/orc national poll say there would be major problems or a crisis in the country if that happens. >> part of what voters were looking for is some compromise up here. that's what folks want. >> and our poll indicates more americans want the republicans rather than the democrats to compromise more to reach bipartisan solutions. >> the democrat-controlled senate and white house have no plan and have offered no plan all year to deal with these looming cuts. >> but the public doesn't seem to aagree, and more people would blame republicans in congress rather than the president if no deal is reached. one reason why? more people see the views and policies of the gop rather than the democratic party h
he proposed a vote on the plan to allow taxes to go up on millionaires, but republicans had to pull it off the table after admitting they can't get it passed. foorn illustration check the latest poll, and that's what we have political editor paul stein hauser doing? >> americans are worried about the tax increases and spending cuts that will kick in at the end of the year. 7-10 questioned in our cnn/orc national poll say there would be major problems or a crisis in the country if that...
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Dec 30, 2012
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there was a point when obama moved from $250,000 threshold on taxes to 400. boehner put tax rates. >> boehner said for the first time republicans would be willing to support. the question is, how much his troops would be backing him raising tax rates on those over $1 million. which for given the republican fervent opposition to any raise in tax rates, that was a significant step, but then it stopped. >> during that time about a week where the white house and speaker boehner's office was not criticizing each other. lines of communication were open. since then, it's gone south. >> does it seem like a dull story because it's an artificial crisis created by congress itself. they could solve this thing in ten minutes with ample compromise on both sides. while the country is following this news, it's not a breathless anticipation. >> the only thing that is starting to sink in with people, howie, where i think it is getting more public attention is that people are now realizing that their paychecks really will be a lot lower very soon if nothing gets done. therefore
there was a point when obama moved from $250,000 threshold on taxes to 400. boehner put tax rates. >> boehner said for the first time republicans would be willing to support. the question is, how much his troops would be backing him raising tax rates on those over $1 million. which for given the republican fervent opposition to any raise in tax rates, that was a significant step, but then it stopped. >> during that time about a week where the white house and speaker boehner's office...
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Dec 23, 2012
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. >> americans are worried about the taxes if the nation falls off the fiscal cliff at the end of the year. seven of ten questioned in our poll says there will be major problems or a crisis in the country if that happens. >> part of what voters they were looking for is some compromise up here. that's what folks want. >> our poll indicates more americans want the republicans than the democrats to compromise more to reach bipartisan solutions. >> the democrat-controlled white house has no plan and offered no plan all year to deal with these looming cuts. >> but the public doesn't seem to agree and more people would blame republicans in congress rather than the president if no deal is reached. one reason why, more people see the views and policies of the gop rather than the democratic party as too extreme. that wasn't the case two years ago. if there's any good news in the poll for the republicans, it's this. a small majority say it's good for the country that the gop controls the house, which suggests the public doesn't want the democrats controlling everything here in washington. >> pa
. >> americans are worried about the taxes if the nation falls off the fiscal cliff at the end of the year. seven of ten questioned in our poll says there will be major problems or a crisis in the country if that happens. >> part of what voters they were looking for is some compromise up here. that's what folks want. >> our poll indicates more americans want the republicans than the democrats to compromise more to reach bipartisan solutions. >> the democrat-controlled...
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Dec 29, 2012
12/12
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mainly trying to find a way to avoid those tax hikes for most americans. that could also include an extension of unemployment benefits. what is unclear is whether other things such as budget cuts eliminating that sequester that's coming up or other things will be in that deal. when will all of this happen? the soon they could vote is tomorrow, but leadership tells us that they are just hoping to get the outlines of a deal to their members tomorrow so a vote also possible monday. that's when senator reid has said he wants the vote to hap n happen. again, just to be clear, we don't think anything on the sequester will be in this deal at this point or the debt ceiling. those are other issues floating around. right now this deal seems more focused and small. let's listen to what the two senators were saying last night, sounding more optimistic. >> it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it was a very serious meeting and it took an extended period of time, as you all know, waiting for u
mainly trying to find a way to avoid those tax hikes for most americans. that could also include an extension of unemployment benefits. what is unclear is whether other things such as budget cuts eliminating that sequester that's coming up or other things will be in that deal. when will all of this happen? the soon they could vote is tomorrow, but leadership tells us that they are just hoping to get the outlines of a deal to their members tomorrow so a vote also possible monday. that's when...
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Dec 27, 2012
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capital gains taxes increasing from 15% to 20% pre-bush tax levels. then estate taxes going as high as 55% with the $1 million exemption and currently the 35% with a $5 million exemption so we're definitely going to see a big change coming forward. >> so when will we feel it? >> well we won't feel it until 2014, when the majority of it, when the individuals file their 2013 taxes. the payroll tax cut was for individuals earning $50,000 a year, might fill a lessen in their total check in january, the majority not until 2014. >> so is there any way you can avoid higher taxes, any tricks? >> well essentially what individuals are doing is almost like a reverse philosophy, where previously individuals wanted to take as many deductions as they are right now to reduce their taxable base but individuals what they're realizing income levels if they can figure out how to accelerate their income now and take the deductions next year, for instance, using, making their charitable deductions, if you haven't made them already, make them next year and take that deduct
capital gains taxes increasing from 15% to 20% pre-bush tax levels. then estate taxes going as high as 55% with the $1 million exemption and currently the 35% with a $5 million exemption so we're definitely going to see a big change coming forward. >> so when will we feel it? >> well we won't feel it until 2014, when the majority of it, when the individuals file their 2013 taxes. the payroll tax cut was for individuals earning $50,000 a year, might fill a lessen in their total check...
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Dec 26, 2012
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two other firefighters were injured. >> will you soon be paying higher taxes? that will be the reality if both sides in washington cannot reach a deal on the fiscal cliff. president obama and house speaker john boehner are still far apart on any agreement. they'll be back in washington later this week to try to reach a compromise. >>> and season's greetings from way up high. astronauts aboard the international space station are taking time to share in the holiday spirit. after wishing everyone a merry christm christmas, look at this, one of the crew members had a little fun, a little gravity free fun with the tree. i'm victor blackwell. more of cnn's top ten of 2012 coming up. >>> three, two, one. and liftoff. liftoff. >> may, 2012, spacex launches a rocket into space, becoming the first international company to launch into the space station. private companies instead of nasa sending cargo and eventually humans to space. and one of our top scientific and technological break throughs of 2012. it was a banner year for bad behavior and not all of it easy to stomac
two other firefighters were injured. >> will you soon be paying higher taxes? that will be the reality if both sides in washington cannot reach a deal on the fiscal cliff. president obama and house speaker john boehner are still far apart on any agreement. they'll be back in washington later this week to try to reach a compromise. >>> and season's greetings from way up high. astronauts aboard the international space station are taking time to share in the holiday spirit. after...
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Dec 26, 2012
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two other firefighters were injured. >> will you soon be paying higher taxes? that will be the reality if both sides in washington cannot reach a deal on the fiscal cliff. president obama and house speaker john boehner are still far apart on any agreement. they'll be back in washington later this week to try to reach >> number eight, the wheels fly off the bike. cycling superstar lance armstrong had endured the swirl of steroid rumors for years, but that all changed in august. the seven-time tour de france winner was stripped of his title, lost his sponsorships and even left the board of his charity, live strong, after they found that he engaged in a long-term pattern of blood doping during his career. armstrong still denies using performance enhancing drugs. >> number seven, wrong side of the street. few things are more universal for american children than sesame street and elmo, which makes the elmo sex scandal all the more shocking. kevin clash resigned as the iconic voice of elmo after allegations surfaced that years ago, he had sexual contact with underage
two other firefighters were injured. >> will you soon be paying higher taxes? that will be the reality if both sides in washington cannot reach a deal on the fiscal cliff. president obama and house speaker john boehner are still far apart on any agreement. they'll be back in washington later this week to try to reach >> number eight, the wheels fly off the bike. cycling superstar lance armstrong had endured the swirl of steroid rumors for years, but that all changed in august. the...
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Dec 24, 2012
12/12
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and defending on details of your own situation, various tax breaks slipping away. in other words what we're calling the fiscal cliff. a plan to stop it all from happening still alludes washington, so congress has broken camp for the holidays and the president has gone to holiday on vacation. brianna keilar is out there for us in honolulu, eight days away from the fiscal cliff. are there any contacts occurring on this topic between the president and anyone in congress, briana? >> reporter: there is an open line of communication, i would say, with senate democrats, hala. but there is really no substantive conversations between the folks that you with need for there to be conversations between in order to strike a deal. the white house and congressional republicans, and perhaps more alarmingly, senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need to find some sort of deal that would make it through the senate and the house and
and defending on details of your own situation, various tax breaks slipping away. in other words what we're calling the fiscal cliff. a plan to stop it all from happening still alludes washington, so congress has broken camp for the holidays and the president has gone to holiday on vacation. brianna keilar is out there for us in honolulu, eight days away from the fiscal cliff. are there any contacts occurring on this topic between the president and anyone in congress, briana? >> reporter:...